Introducing Metro - a decentralized cross-chain cryptocurrency exchange by metro.software

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general · @metro.software · (edited)
$254.10
Introducing Metro - a decentralized cross-chain cryptocurrency exchange
Hi Steemit community! We're excited to introduce you our new blockchain project - **Metro Decentralized Exchange**. Metro is a blockchain-based decentralized autonomous corporation (DAC) providing cross-chain cryptocurrency exchange service to clients and cryptocurrency income for stakeholders.

![banner2.png](https://oneplace.media/storage/50/08/46/8a/32783bd2677d.png)

### What are our goals?

Our project aims to:
* Provide a public blockchain based on popular Nxt technology and codebase, whereas improving the initial token distribution by mining.
* Make built-in NXT assets (colored coins) exchange functional by providing trustless deposit/withdrawal from other blockchains.
* Provide a near real-time trading user experience thanks to hybrid POW/POS blockchain.
* Give to the community a tool for obtaining income in a variety of coins, for instance Etherum Classic and others.

### What makes us different from other cryptoexchanges?

Existing Decentralized Exchanges (DEXs) create collateral obligations (IOU) and keep a record of their trades in a blockchain. This approach has a serious drawback. IOU issued by different agents represent different entities and the single market breaks up into many markets with low liquidity. Each market is limited by agent's asset.

Metro doesn't have this drawback. Users can make deposit exactly the same way as they do it on a centralized exchange. The difference is that all deposits are held by smart contracts, not third party. All deposits and withdrawals are processed by Metro blockchain consensus. This approach allows to avoid market breakups and increase liquidity. Also, the decentralized nature of the depository excludes the possibility of pressure on the exchange by regulators.

As a result, users get a fully decentralized real-time cross-chain exchange without any involvement of third party.

### How will the coins be distributed?

Only 1,000,000,000 Metro tokens will be issued, with 200,000,000 tokens created on start in June 2018 and locked.
* 100,000,000 initially created tokens (10% of total supply) will get the developers.
* Another 100,000,000 will be distributed to the Nxt community through an airdrop.
* The remaining 80% are left for miners.

Each mined block will unlock 1,000 metro tokens and also it will bring a reward with block subsidy starting at 2,000 MTR until the first halving.

### When does the airdrop and mining start?

Airdrop for NXT holders is going to be in the end of June. For every 10 NXT in your wallet you receive 1 MTR with the same passphrase on Metro blockchain. Snapshot block number is 1894000.

Mainnet launch is planned on the first week of July, after the airdrop. We're going to prepare ccminer and sgminer for our algo. Wallet and miners will be released on GitHub in the middle of June.

![roadmap.png](https://oneplace.media/storage/f5/b3/44/a1/e45361380b6a.png)

For more information visit our website or BitcoinTalk topic and, If you'd like to stay tuned, please follow our Steemit blog or connect with us through our Twitter or Discord (links below). 

*We'll be happy to answer your questions or read your feedback in comments!*

### Connect with us:
Website: [http://metrodex.org/](http://metrodex.org/)
Whitepaper: [http://metrodex.org/whitepaper.pdf](http://metrodex.org/whitepaper.pdf)
BitcoinTalk topic: [https://bitcointalk.org/index.php?topic=4211306](https://bitcointalk.org/index.php?topic=4211306) 
Twitter: [https://twitter.com/metro_software](https://twitter.com/metro_software)
Discord: [https://discord.gg/Unm5pdY](https://discord.gg/Unm5pdY)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 80 others
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@steemplus-bot · (edited)
Welcome to SteemPlus
#### Welcome to Steem, @metro.software!

I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
To see why **2711 Steemians** use SteemPlus, [install our extension](https://chrome.google.com/webstore/detail/steemplus/mjbkjgcplmaneajhcbegoffkedeankaj?hl=en), read the [documentation](https://github.com/stoodkev/SteemPlus/blob/master/README.md) or the latest release : [SteemPlus 2.15 : Signatures](/utopian-io/@steem-plus/steemplus-2-15-signatures).
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@introduce.bot · 
✅  @metro.software, I gave you an upvote on your first post! **Please give me a follow** and I will give you a follow in return!<br><br>Please also take a moment to read [this post](https://steemit.com/spam/@pleasestop/introducing-pleasestop-here-to-reduce-comment-spam) regarding bad behavior on Steemit.
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@transparencybot · (edited)
<h3>This post has received votes totaling more than $50.00 from the following pay for vote services:</h3>

appreciator upvote in the amount of $154.83 STU, $195.58 USD.
buildawhale upvote in the amount of $94.55 STU, $119.44 USD.

**For a total calculated value of $249 [STU,](http://steem.supply/rewards) $315 USD before curation, with a calculated curation of $62 USD.**

This information is being presented in the interest of transparency on our platform **and is by no means a judgement as to the quality of this post.**
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@metro.software · 
We wanted more people to know about our project so, we pay for the promotion.
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@cheneats · 
Hello, metro.software! Wish you a very rewarding expereince here in this very cool community with many nice people :) All the best!!

By the way, there are several groups you as a newcomer can join. They will stay with you for your journey, helping and mentoring along the way.

@greetersguild invite link https://discord.gg/AkzNSKx
@newbieresteemday invite link https://discord.gg/2ZcAxsU
👍  , ,
👎  
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@klaus85 · (edited)
Hello @metro.software and welcome to Steemit! Thanks for the post and rock on, looking forward to reading some great content by you.

Cheers from Prague ;)
@klaus85
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@ayubkarimi587 · 
These kinds are exchanges are really necessary in crypto industry. We need more and we welcome these exchanges.
👍  
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vote details (1)
@cheneats ·
re-introducing-metro-a-decentralized-cross-chain-cryptocurrency-exchange-20180530t111951
Hello, metro.software! Best wishes for a very prosper journey here in this culturally diversified yet mostly unified community :) It is my pleasure to meet you!

By the way, there are several groups you as a newcomer can join. They will stay with you for your journey, helping and mentoring along the way.

@greetersguild invite link https://discord.gg/AkzNSKx
@newbieresteemday invite link https://discord.gg/2ZcAxsU
👍  ,
👎  
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vote details (3)
@aitrading.com · 
Great!  Followed, upvoted! 
Visit us too! We are AI-powered Trading Ecosystem. We will have Q&A  with CEO next week
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@trendo · 
Eliminating the drawbacks that other decentralized exchanges have can be a strong factor. The low liquidity is definitely a problem. The average person doesn't use such decentralized exchanges simply because they are too complex. Hopefully Metro will be a game changer and will make it much easier to trade for the newbies.
👍  
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@metro.software · (edited)
We'll realy  try. We understand the importance of user experience and plan to implement great UX/UI when the platform is ready.
👍  
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@steemsociety ·
$0.44
Hello metro.software! Welcome to Steemit! Hope you'll like the community here. As a start, here are 5 tips that we believe will be helpful to you:
1. **Keep your passwords safe:** Unlike conventional sites, Steemit has 4 types of passwords. Each offers varying degrees of access to your account, so know where and when to use each of them. Also, make sure to keep them all safe and secure.
2. **Get Steem rewards:** When writing a post, you'll have the option to choose how to receive your reward: "Default 50%/50%" or "Power Up 100%". As of this moment, choosing Default 50%/50% is the better option. But this can change over time. Check our post to know more.
3. **Upvote wisely:** When upvoting, wait at least 30 minutes after the post is published to maximize your curation reward. Also, make sure not to upvote too much too fast so as not to drain your voting power.
4. **Know your Steem, Steem Dollars and Steem Power:** Steem and Steem Dollars are the 2 main currencies here. Convert and power up more Steem into Steem Power so you can have higher values on your upvotes.
5. **Have Fun and Enjoy!**

_For a detailed writeup, check our post [Getting Started: 5 Essential Tips for New Users](https://steemit.com/@steemsociety/getting-started-5-essential-tips-for-new-users)._

Good luck on your Steem journey! Follow us if you like to receive more helpful tips and maximize your Steemit experience.
👍  , ,
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vote details (3)
@mastermagician · 
welcome @metro.software, i learned a lot about exchanges whit this post. thank you
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@metro.software · 
Thank you for comment. You are welcome.
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@sagar92 · 
Do you mind telling more about it? i am pretty much interested.
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@metro.software · 
Sure. For now you can read our whitepaper.
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@fux · 
well done! thank you! :)
other good exchanges here:
https://steemit.com/discount/@fux/current-strong-discounts-on-exchanges
👍  
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vote details (1)
@redhearted · 
i want  be the first to welcome you to steemit, hope you have a wonderful time here, before you joined hope you read about steem? If you didn't heres what steemit

Steemit is a blogging and social networking website that uses its Steem blockchain-based rewards platform for publishers. ... Steemit, Inc. is a privately held company based in New York City and headquartered in Virginia. The company was founded by Ned Scott, and Dan Larimer, creator of BitShares, and EOS.

And you can follow me, cuz I just followed you once again welcome and enjoy your stay here in steem
Peace!
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@veseloff · 
Excellent article, a good start! Welcome to Steemit! I'm glad for new acquaintances and I followed you, I hope you follow me. Good luck to you!
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@jyotirmay · 
Welcome to Steemit @metro.software
For your kind information keep safe your master password.
For cryptocurrency news follow @jyotirmay & Do Upvote.
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@kylestam · 
nice to meet you =) mr future
👍  , , , ,
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vote details (5)
@timb ·
Welcome
Hello metro.software, Welcome to Steemit!
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@timb ·
re-metrosoftware-introducing-metro-a-decentralized-cross-chain-cryptocurrency-exchange-20180531t031628562z
Hello @metro.software, Welcome to Steemit!
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@uchihadesendent · 
We need more decentralized exchanges
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@alan369 · 
Hello metro. software how can I participate to airdrop?
👍  ,
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vote details (2)
@metro.software · 
NXT holders will receive 1 MTR for every 10 NXT. You may buy NXT tokens move them to your wallet and sell after snapshot if you do not need them. And you'll receive MTR after Metro blockchain start.
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@alan369 · 
Ok thanks
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@crypto-france · 
Join Coinbase and <b>get $10 (€8) of free Bitcoin</b> when you first buy or sell $100 (€86) of digital currency.
<a href="https://www.coinbase.com/join/5ae818a46d8c9216148b25e0">https://www.coinbase.com/join</a>
https://www.coinbase.com/img/og-home.jpg
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@arcange · 
Congratulations @metro.software!
Your post was mentioned in the [Steemit Hit Parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20180530) in the following category:

* Pending payout - Ranked 9 with $ 247,75
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@blockgatorsarmy · 
<p>Complete the following task of being active at <a href="http://www.blockgatorsarmy.info">BlockGators Army Advertising Network</a> for recognition as an active member of the steembloggers community. </p>
http://www.blockgatorsarmy.info/banners/banner1.jpg <br>
<a href="http://www.blockgatorsarmy.info">Want more views to reach your posts? Try BlockGators Army Advertising Network</a>
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@cliff79 · 
Welcome metro.software.
👍  
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vote details (1)
@marcinszwede · 
Hello.
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@henrywilson · 
Hey this is great, my friend has shown me a bit on this but now I have a better understanding :)

Henry
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@metro.software · 
Good.
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@alelerdici · 
The best project for monitoring cryptocurrency status - https://masscoinapp.com
Check the threshold value with comfort!
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@alelerdici · 
Very good application for checking cryptocurrency and receive notifications https://masscoinapp.com
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@skycornish ·
$0.17
Keep up the great work!  Decentralized exchanges are the future!!
👍  
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vote details (1)
@metro.software · 
Thank you!
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Help/Feedback